Sidoti Issues Pessimistic Forecast for Alamo Group Earnings

Alamo Group, Inc. (NYSE:ALG) – Sidoti decreased their Q3 2026 earnings per share (EPS) estimates for Alamo Group in a report released on Wednesday, August 5th. Sidoti analyst G. Burns now forecasts that the industrial products company will earn $2.63 per share for the quarter, down from their previous forecast of $2.67. The consensus estimate for Alamo Group’s current full-year earnings is $10.65 per share. Sidoti also issued estimates for Alamo Group’s Q4 2026 earnings at $2.43 EPS, FY2026 earnings at $10.44 EPS, Q1 2027 earnings at $2.71 EPS, Q3 2027 earnings at $3.11 EPS, Q4 2027 earnings at $2.80 EPS and FY2027 earnings at $11.93 EPS.

Alamo Group (NYSE:ALG) last issued its quarterly earnings results on Monday, August 3rd. The industrial products company reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.08. Alamo Group had a return on equity of 9.83% and a net margin of 6.08%.The firm had revenue of $450.73 million during the quarter, compared to the consensus estimate of $437.48 million.

Other research analysts have also issued reports about the stock. Weiss Ratings lowered shares of Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Zacks Research raised Alamo Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, DA Davidson reiterated a “neutral” rating and set a $188.00 target price on shares of Alamo Group in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Alamo Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $188.00.

Alamo Group Stock Down 1.9%

Shares of Alamo Group stock opened at $167.11 on Thursday. The company has a market cap of $2.03 billion, a P/E ratio of 20.04, a PEG ratio of 1.00 and a beta of 1.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.45 and a current ratio of 4.39. Alamo Group has a one year low of $145.76 and a one year high of $233.29. The firm has a fifty day moving average of $160.47 and a two-hundred day moving average of $172.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wasatch Advisors LP acquired a new stake in Alamo Group in the second quarter valued at $51,427,000. Vaughan Nelson Investment Management L.P. increased its position in shares of Alamo Group by 53.4% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 358,435 shares of the industrial products company’s stock valued at $59,131,000 after buying an additional 124,845 shares in the last quarter. Copeland Capital Management LLC raised its stake in shares of Alamo Group by 189.3% during the 1st quarter. Copeland Capital Management LLC now owns 181,465 shares of the industrial products company’s stock worth $29,936,000 after buying an additional 118,737 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Alamo Group by 239.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 157,291 shares of the industrial products company’s stock worth $26,404,000 after buying an additional 110,941 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its position in shares of Alamo Group by 72.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 230,180 shares of the industrial products company’s stock worth $38,641,000 after buying an additional 96,369 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Alamo Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 29th. Investors of record on Thursday, July 16th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, July 16th. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. Alamo Group’s payout ratio is currently 16.27%.

Alamo Group News Roundup

Here are the key news stories impacting Alamo Group this week:

• Positive Sentiment: Alamo Group’s latest quarterly results exceeded expectations, with adjusted EPS of $2.82 versus the $2.74 consensus and revenue of $450.73 million ahead of the $437.48 million estimate. Analysts expect full-year EPS of approximately $10.65.
• Positive Sentiment: Management is targeting an 18% adjusted EBITDA margin and intends to maintain net leverage of up to 2.5 times EBITDA to support potential mergers and acquisitions, suggesting a focus on improving profitability while pursuing growth. Alamo Group targets 18% adjusted EBITDA margin
• Positive Sentiment: Industry commentary remains supportive for farm-equipment manufacturers, including Alamo Group, as global food demand is expected to sustain agricultural machinery needs. Farm equipment stocks to watch
• Neutral Sentiment: ALG opened at $167.11, above its 50-day moving average of $160.47 but below its 200-day average of $172.53. Its valuation is about 20 times earnings, with relatively conservative debt-to-equity of 0.22, which may provide some support but does not eliminate concerns about slower estimates.
• Negative Sentiment: Sidoti reduced its EPS forecasts across multiple periods: FY2026 to $10.44 from $10.62, FY2027 to $11.93 from $12.00, Q3 2026 to $2.63 from $2.67, Q4 2026 to $2.43 from $2.46, Q1 2027 to $2.71 from $2.74, Q3 2027 to $3.11 from $3.13 and Q4 2027 to $2.80 from $2.82. The cuts imply more cautious expectations for near-term industrial demand or profitability and are likely weighing on the stock.

About Alamo Group

Alamo Group, Inc engages in the design, manufacture and marketing of equipment for vegetation management, roadside maintenance, agricultural harvesting and industrial applications. The company offers a broad portfolio of products, including boom mowers, flail mowers, rotary cutters, snow removal equipment, slurry seal machines, railcar movers and tow tractors. These offerings are distributed under a variety of brand names and through a network of independent dealerships and distributors, meeting the needs of municipalities, highway departments, agricultural producers and industrial operators.

The company operates through two primary segments: Agricultural and Industrial.